About Me

Gregg Walker is a Harlem Resident and 1997 graduate of Yale Law School who worked as an investment banker for 9 years and was the Vice President of Strategy and Mergers & Acquisitions at Viacom for 3 years. Gregg served as the Senior Vice President of Corporate Development at Sony from 2009 to 2016, and he launched his own private investing firm in July 2016 (www.gawalker.co). Gregg was chosen in 2010 by Crain's as one of NYC's 40 Under 40 Rising Stars (http://mycrains.crainsnewyork.com/40under40/profiles/2010/gregg-walker). Gregg is a Deacon at Abyssinian Baptist Church and served as the chairman of the Board of the Harlem YMCA. He has served on the Boards of movie studio MGM and music publishing companies Sony/ATV and EMI Music Publishing. He is also a Board member of Harlem RBI and Derek Jeter's Turn 2 Foundation. He is a former Term Member of the Council on Foreign Relations and a representative of the US at the 2002 Young Leaders Conference of the American Council on Germany. Gregg is also a member of many other foundations and community organizations.

Monday, May 9, 2011

Cuomo Leads Coordinated Push for Marriage Equality

Governor Cuomo has chosen to play a leading role in the fight for marriage equality in New York State, and he has prompted leading advocates for same-sex marriage to adopt unprecedented levels of coordination.

City Comptroller Bill Thompson produced a report in 2007 that attempted to estimate the economic impact of legalizing same-sex marriage. His analysis suggested that New York State would benefit from approximately $250 million of economic activity over three years simply from the weddings that would take place in the state after the legalization of same sex marriage. He also estimated that $175 million of the $250 million would be economic activity benefiting New York City.

Many couples living in New York City would take advantage of the new law and begin planning weddings, while both New York City and New York State would benefit from out-of-state couples coming to New York for their weddings. New York's hotels and banquet halls would see increased activity. The sooner New York State acts, the greater the benefit, as the lack of equivalent opportunities in neighboring states will increased the economic activity in New York State in the near term. Longer term, we'd expect neighboring states to follow our lead and provide equal rights to their residents irrespective of sexual orientation.

State-Sponsored Discrimination Should End

In that April 2009 posting we also discussed the need to end the discrimination against same-sex couples that is represented by the denial of the right to marry.

There are more than 1,100 federal rights and more than 1,300 New York State rights available to married couples that are not available to couples who are not married. Therefore, the prohibition against marriage for same sex couples in New York State who wish to marry is equivalent to the systematic denial of nearly 2,500 rights to those New Yorkers.

An excellent example of the types of rights that only married couple enjoy is the spousal privilege - a married person cannot be compelled to testify in court about communications with his or her spouse. Without marriage, there is no privilege, and same sex couples who wish to marry are left without this crucial protection.

Beyond the enormous psychological benefits of marriage, we must recognize that there are thousands of important rights that are available only to individuals who are married and that, by preventing some of our fellow New Yorkers from gaining the status of being married, we are participants in a state-sponsored discrimination exercise that attacks our neighbors.

The most heartening new factor, though, is the active involvement of New York’s Democratic governor, Andrew Cuomo. His predecessor, David Paterson, also supported same-sex marriage, but he was too weak and unfocused to get the job done.

With Mr. Cuomo’s encouragement, the state’s most influential gay-rights groups have banded together to form a united front. Working under the guidance of Cuomo aides, their coalition is getting ready to mount an intense and well-financed campaign — including field organizers and a major media blitz — that would focus on about 15 Democratic and Republican lawmakers whose votes are thought to be in play. A seasoned labor and media strategist with close ties to Mr. Cuomo, Jennifer Cunningham, has been tapped to oversee the coalition’s political and media efforts.

Let us hope that Governor Cuomo's efforts result in marriage equality that will both make New York State a leader in human rights and provide New York State with badly needed new jobs.